When the two companies are united or bring together the other, it usually acts as a joint decision. This is a smart idea, because both brands fans will be afraid that the two companies will disappear.
However, most of them are not equal to equal combination. A company generally has control, which means that unnecessary workers from a weak brand tend to be cut because the transactions are combined.
Related: Comfort store chain closes all stores after bankruptcy
You thought the top management would be able to see the best of both companies, but it is rarely.
These differences include larger when submitted as a combination, not as a combination of original sales. This is a bad news for the company that is generally purchased.
To give a very public example, Mark Cuba recently showed interest in the majority of Dallas Mavericks. During this sale, new owners shared Cuba’s still a great role and could actually carry basketball operations.
A few months later, the team’s new owners sold the star, Luke Dončić, from Cuba consultation.
When a company receives another, it can talk to protecting the brand and other victims, but in fact, if this is only the right job action, it will do it.
Picture Source: Moveer
Popular comfort store brand problem
When Maverik received the chain of Kum & Go in August 2023, both companies were similar to the size. The two companies offered gas, hot food and full flexibility store (like Wawa or 7-eleven eleven).
The connection of assets was more engraved for the company to take more engraved gardens in places in the field of comfort store.
“We are excited to meet Maverik and the Solar Transport team Maverik. We will use our combined resources to provide our customers with fuel, food service and best service,” said Maverik CEO Chuck Maggelet said.
More closes:
- Popular retail chain to close popular store locations
- BankRot Retail chain Does not load store rental, key assets
- Popular discount is bankrupt retailer’s files, closes all stores
The mixed company operates more than 800 stores in 20 states.
However, this was not an equal combination of this.
Maggelet’s CEO, Kum & Go’s Tanner Krause, left the company after the transition period.
KUM and GO brand disappear
When the transaction was first signed, the Maverik Kum and GO brand suggested that they will stay in most states. The company slowly reverse this decision.
Kum and Gotah, Aydaho, Colorado and Wyoming under the Maverik brand made a rebrand. The chain recently sent a loyalty program to members.
Although the Maverik Kum and Go Brand, the company did not fully approve it,
“Maverik’s spokesman said the company received the rebrands ‘thoughtful, a market-market approach’,” he said. C-Store Diving reported.
The parent company shared the same approach to the same approach “before approving the rebrand of each state.
It will be a “well-thought-out” plan before the start of the Maverik brand, although it seems to be a confirmation where the kum and go where the end is inevitable.
Related: Favorite Breakfast Restaurant chain closes more space
Shut down in a short way in stores when the maveric brand and its bonfire are updated to the bonfire. This seems to be proud of the company.
“Premium Tonfire is known for dinner – every day is fresh every day – exclusive products like fuel, drinks and snacks, sandwiches, sandwiches, cookies, pizza and coffee,” This has shared on the website.
